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Defense stocks have floundered since the Iran war began. Here’s why
Defense stocks haven’t been the slam-dunk play some investors expected as the U.S.-Iran war broke out. The iShares U.S. Aerospace & Defense ETF (ITA) has dropped about 12% since the start of March, when the Middle East conflict began escalating following the U.S.-Israeli strike on Iran. The S & P 500 added 3.5% over the […]
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Europe’s rearmament push drives global military spending to record $2.9 trillion despite U.S. pullback
Israeli air defence systems are activated to intercept Iranian missiles over the Israeli city of Tel Aviv early on June 18, 2025. Menahem Kahana | AFP | Getty Images Europe ramped up military spending in 2025 — a longstanding demand of U.S. President Donald Trump — helping drive global defense outlays to a staggering $2.89 […]
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The aerospace and defense trade is taking investors deeper into space, and more ETFs are up for the mission
The aerospace and defense trade is taking investors deeper into space and exchange-traded funds want a part of it. VettaFi’s Cinthia Murphy told CNBC’s “ETF Edge” this week there are now more ETFs tackling the space theme more directly — listing the Procure Space ETF (UFO) and Global X Defense Tech ETF (SHLD) as examples. […]
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Stocks making the biggest moves midday: UnitedHealth, Pitney Bowes, Apple, Amazon & more
Check out the companies making the biggest moves midday: Valmont Industries — The agricultural product and infrastructure rallied 12% on better-than-expected results for the first quarter. The company cited strong demand in its North America utility business for the beat. It also hiked the lower end of its full-year earnings guidance. Pitney Bowes — The […]
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Stocks making the biggest moves premarket: Amazon, Apple, GE Aerospace, UnitedHealth & more
Check out the companies making headlines before the bell: UnitedHealth — Shares popped more than 6% after UnitedHealth reported first-quarter earnings and revenue that beat analyst expectations. The company earned $7.23 per share, adjusted, on revenue of $11.72 billion. Analysts expected a profit of $6.57 per share on revenue of $109.57 billion. UnitedHealth also hiked […]
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Stock futures are little changed after Nasdaq snaps 13-day win streak: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 20, 2026. Brendan McDermid | Reuters U.S. stock futures were little changed on Monday night after the Nasdaq Composite snapped a 13-day win streak during the regular session. S&P 500 futures and Nasdaq 100 futures added 0.1% […]
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Jim Cramer on the market’s ‘remarkable’ rally — and what to watch in a big earnings week ahead
CNBC’s Jim Cramer on Friday laid out his game plan for the week ahead after what he called one of the most “remarkable” rallies he’s ever seen. “If you didn’t believe we could have still one more week where we’d rally 3%, you’d be right,” Cramer said. “We actually rallied 4% thanks to today’s gigantic […]
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Autonomous boat startup Saronic raises $1.75 billion in race to modernize U.S. military
Autonomous ship startup Saronic said Tuesday that it’s raised $1.75 billion as it ramps up production to meet mounting U.S. military demand for newer and cheaper defense capabilities. The round, led by Kleiner Perkins, more than doubles Saronic’s valuation to $9.25 billion from the $4 billion it hit after a $600 million raise early last […]
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Pete Hegseth’s broker attempted to make defense investments before Iran war: Financial Times
U.S. Secretary of Defense Pete Hegseth holds a briefing with Chairman of the Joint Chiefs of Staff General Dan Caine, amid the U.S.-Israeli war on Iran, at the Pentagon in Washington, D.C., U.S., March 19, 2026. Evan Vucci | Reuters A broker for U.S. Defense Secretary Pete Hegseth sought to make a large investment in […]
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The Iran war is defense tech’s chance to shine, but few systems and weapons are ready
Guvendemir | E+ | Getty Images The Iran war is redefining modern combat for the U.S. and driving demand for lower-cost tech. It’s the exact situation Defense Secretary Pete Hegseth warned against a few months ago. “We cannot afford to shoot down cheap drones with $2 million missiles,” Hegseth said in December. “And we ourselves […]
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